Home price appreciation across the country is barely positive compared to last year at this time. Depending on how you measure it, home prices are about 2% higher on average across the...
Continue ReadingHome price appreciation across the country is barely positive compared to last year at this time. Depending on how you measure it, home prices are about 2% higher on average across the...
Continue ReadingThere are two trends that bubbled to the surface in this week’s housing market data. We talked last week about how the price reductions leading indicator has been growing more bearish for...
Continue ReadingThere are some really interesting price trends happening across the country right now. I mentioned last week how weakness in demand had cause some of the measures for home price changes to...
Continue ReadingRecently we’ve shared that inventory of unsold homes is growing, and that in recent weeks, home sales have faltered in the face of 7% mortgage rates. We’re going to focus today’s video on...
Continue ReadingNew contracts for home purchases are coming in very low this month. We counted 10% fewer home sales for the week than the same week a year ago.In the fourth quarter of 2024, sales were...
Continue ReadingThere were 45,000 new listings for single family homes across the country this week, which is a big jump. It’s 12% more sellers than a year ago. This is the trend I’ve been talking about as...
Continue ReadingThe New Year’s week was expected to be slow, so it’s no surprise that new listings and sales are down. Those will start rebounding in next week’s data.The Christmas and New Year’s holidays...
Continue ReadingAll the data for 2024 is in, and it’s fair to say the housing market surprised again. There are two big trends that stand out to me as we launch into 2025.The first is affordability. Home...
Continue ReadingAs the year draws to a close, available unsold inventory of homes on the market is nearly 27% greater than a year ago. Almost every market in the country has more homes available now than...
Continue ReadingWe’ve now been in the post-pandemic housing market recession market as long as we were in the pandemic boom: two and a half years. Is this the moment when the housing market will finally...
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